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Side-by-side financial comparison of Principal Financial Group (PFG) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
WESCO INTERNATIONAL INC is the larger business by last-quarter revenue ($6.1B vs $750.8M, roughly 8.1× Principal Financial Group). WESCO INTERNATIONAL INC runs the higher net margin — 2.5% vs 0.3%, a 2.3% gap on every dollar of revenue. On growth, WESCO INTERNATIONAL INC posted the faster year-over-year revenue change (13.8% vs 4.0%). Over the past eight quarters, WESCO INTERNATIONAL INC's revenue compounded faster (5.3% CAGR vs -58.3%).
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
PFG vs WCC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $750.8M | $6.1B |
| Net Profit | $1.9M | $153.8M |
| Gross Margin | — | 21.2% |
| Operating Margin | — | 4.8% |
| Net Margin | 0.3% | 2.5% |
| Revenue YoY | 4.0% | 13.8% |
| Net Profit YoY | 783.0% | 47.9% |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $750.8M | $6.1B | ||
| Q4 25 | $4.6B | $6.1B | ||
| Q3 25 | $3.7B | $6.2B | ||
| Q2 25 | $3.7B | $5.9B | ||
| Q1 25 | $3.7B | $5.3B | ||
| Q4 24 | $4.8B | $5.5B | ||
| Q3 24 | $3.0B | $5.5B | ||
| Q2 24 | $4.3B | $5.5B |
| Q1 26 | $1.9M | $153.8M | ||
| Q4 25 | $517.0M | $159.8M | ||
| Q3 25 | $213.8M | $187.5M | ||
| Q2 25 | $406.2M | $174.5M | ||
| Q1 25 | $48.1M | $118.4M | ||
| Q4 24 | $905.4M | $165.4M | ||
| Q3 24 | $-220.0M | $204.3M | ||
| Q2 24 | $353.1M | $232.1M |
| Q1 26 | — | 21.2% | ||
| Q4 25 | — | 21.2% | ||
| Q3 25 | — | 21.3% | ||
| Q2 25 | — | 21.1% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 21.9% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 5.6% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | — | 5.9% |
| Q1 26 | 0.3% | 2.5% | ||
| Q4 25 | 11.3% | 2.6% | ||
| Q3 25 | 5.8% | 3.0% | ||
| Q2 25 | 11.1% | 3.0% | ||
| Q1 25 | 1.3% | 2.2% | ||
| Q4 24 | 19.1% | 3.0% | ||
| Q3 24 | -7.3% | 3.7% | ||
| Q2 24 | 8.2% | 4.2% |
| Q1 26 | — | — | ||
| Q4 25 | $2.30 | $3.33 | ||
| Q3 25 | $0.95 | $3.79 | ||
| Q2 25 | $1.79 | $3.83 | ||
| Q1 25 | $0.21 | $2.10 | ||
| Q4 24 | $3.92 | $3.01 | ||
| Q3 24 | $-0.95 | $3.81 | ||
| Q2 24 | $1.49 | $4.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $696.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $5.1B |
| Total Assets | — | $17.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $696.6M | ||
| Q4 25 | $4.4B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $6.2B | — | ||
| Q2 24 | $4.8B | — |
| Q1 26 | — | — | ||
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $4.0B | — | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.9B | — |
| Q1 26 | — | $5.1B | ||
| Q4 25 | $11.9B | $5.0B | ||
| Q3 25 | $11.7B | $4.8B | ||
| Q2 25 | $11.4B | $4.8B | ||
| Q1 25 | $11.2B | $5.0B | ||
| Q4 24 | $11.1B | $5.0B | ||
| Q3 24 | $11.2B | $5.0B | ||
| Q2 24 | $11.0B | $4.9B |
| Q1 26 | — | $17.0B | ||
| Q4 25 | $341.4B | $16.5B | ||
| Q3 25 | $334.5B | $16.6B | ||
| Q2 25 | $323.1B | $16.2B | ||
| Q1 25 | $313.0B | $15.5B | ||
| Q4 24 | $313.7B | $15.1B | ||
| Q3 24 | $322.9B | $15.3B | ||
| Q2 24 | $308.8B | $15.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.34× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 0.39× | — | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.36× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $221.4M |
| Free Cash FlowOCF − Capex | — | $213.4M |
| FCF MarginFCF / Revenue | — | 3.5% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $231.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $221.4M | ||
| Q4 25 | $1.7B | $71.9M | ||
| Q3 25 | $1.0B | $-82.7M | ||
| Q2 25 | $811.9M | $107.8M | ||
| Q1 25 | $977.3M | $28.0M | ||
| Q4 24 | $1.5B | $276.6M | ||
| Q3 24 | $1.1B | $302.1M | ||
| Q2 24 | $1.4B | $-223.8M |
| Q1 26 | — | $213.4M | ||
| Q4 25 | — | $27.5M | ||
| Q3 25 | — | $-95.9M | ||
| Q2 25 | — | $86.0M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $252.3M | ||
| Q3 24 | — | $272.9M | ||
| Q2 24 | — | $-244.6M |
| Q1 26 | — | 3.5% | ||
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | -1.5% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | -4.5% |
| Q1 26 | — | 0.4% | ||
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% |
| Q1 26 | — | 1.44× | ||
| Q4 25 | 3.37× | 0.45× | ||
| Q3 25 | 4.70× | -0.44× | ||
| Q2 25 | 2.00× | 0.62× | ||
| Q1 25 | 20.32× | 0.24× | ||
| Q4 24 | 1.61× | 1.67× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | 4.05× | -0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PFG
Segment breakdown not available.
WCC
| CSS | $2.5B | 41% |
| EES | $2.2B | 37% |
| UBS | $1.4B | 22% |
